Nettlinx Limited Reports Revenue Decline and Net Loss in Q1 2 days ago
Nettlinx Limited, an ISP and telecom services company, reported a 44% decrease in consolidated revenue to ₹264.46 lakhs for Q1. The company swung to a consolidated net loss of ₹48.24 lakhs, compared to a profit of ₹133.67 lakhs in the same quarter last year. Standalone results showed an even steeper decline, with revenue falling 56.20% to ₹100.80 lakhs and a net loss of ₹15.29 lakhs. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 7, and published in newspapers on August 9.
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